By Mark Wickham-Jones
Economic procedure and the Labour celebration examines the character and improvement of the Labour party's fiscal coverage among 1970 and 1983. Drawing on huge archival study, Mark Wickham-Jones analyses the novel nature of the hot proposals followed through the celebration in 1973 and charts the competition of Labour's management to them. The ensuing disunity was once the imperative explanation for leftwingers' calls for to reform Labour's constitutional constitution and of the party's election defeat in 1983. Mark Wickham-Jones assesses the character of Labour's social democratic goals and the organisational constitution of the celebration. within the Epilogue he offers an in depth account of the interior reforms lower than Neil Kinnock's management of the get together that have helped to safe the principles of Labour's electoral restoration on the grounds that 1983.
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Additional resources for Economic Strategy and the Labour Party: Politics and policy-making, 1970–83
The administratiori's enthusiasm for public ownership and planning had waned as it had become more reliant on Keynesian techniques of economic management. ' Herbert Morrison, Labour's Deputy Prime Minister between 1945 and 1951, advocated a breathing space, but for Revisionists consolidation meant that the necessary structural changes to society and the economy had been made and that few, if any, further radical measures were needed. '7 Labour's objectives and economic strategy could be adjusted accordingly.
In ealling for areturn to wartime eeonomie controls, the leftwing MP Barbara Castle stated in 1952 that 'Labour must turn back the dock'. 25 In 1952 a Socialist Commentary editorial asked, 'What after all is Bevanism? The extraordinary fact is that there is no distinet poliey whieh can be attached, like a plaeard, to this name. ·26 Susan Cros-Iand aptly captures the anaehronistie nature of Bevanism in her comment: 'The fundamentalists were fighting battles already won. '27 One distinctive element of Bevanism was its rhetorie.
F' Many of the economic problems which occurred - inflation, pressure on sterling, balance of payments crises - occurred repeatedly. Governments were often forced to resort to (albeit quite mild) deflation and the economy seemed to be bogged down in cycles characterised as 'stop/ go'. There was a growing reeognition that sueh eycles were damaging long-term growth. The shift in Revisionist strategy was facilitated and given direction by Harold Wilson's aecession to the Labour leadership. Wilson, who had not been closely associated with Revisionism, adopted a more pragmatie approach aimed at unifying the disparate elements of the party and building up electoral support.